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Lachlan Star ( (AU:LSA) ) has shared an update.
Lachlan Star Limited has announced a proposed issue of 43,250,000 fully paid ordinary securities, with the issue date set for September 2, 2025. This move is part of a placement or other type of issue, and the company is seeking to have these securities quoted on the Australian Securities Exchange (ASX). The announcement could potentially impact the company’s market positioning by increasing its capital base, which may be used for further investments or operational expansion.
More about Lachlan Star
Average Trading Volume: 106,589
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$14.4M
Learn more about LSA stock on TipRanks’ Stock Analysis page.